Gold prices holding steady as US weekly jobless claims rise by 498K, new pandemic low

– The gold market is trying to hold on to gains and remain in striking distance of $1,800 an ounce even as the U.S.

Not only have claims fallen to their lowest level since the labor market was devastated by the COVID-19 pandemic but the data came in better than expected.

Gold prices are seeing little rection to the latest labor market data, falling slightly from session highs.

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